flexiblefullpage

HORIZONTV FEATURING BD+C: WATCH EPISODES ON DEMAND AT HORIZONTV

Menu View Full Menu
Subscribe Here
billboard
interstitial1
catfish1
Currently Reading

First valuation advisory for green and high performance property adopted

Codes and Standards

First valuation advisory for green and high performance property adopted

Guidelines for appraisers to value green buildings, energy efficient features

By Peter Fabris, Contributing Editor | July 6, 2015
First valuation advisory for green and high performance property adopted

The document provides voluntary guidance to appraisers on the background and competency necessary to credibly value green buildings.

Continue Reading
The Appraisal Practices Board (APB) of The Appraisal Foundation has released the first of three Valuation Advisories related to the valuation of green buildings: “The Valuation of Green and High Performance Property: Background and Core Competency.” 
 
The document provides voluntary guidance to appraisers on the background and competency necessary to credibly value green buildings and/or energy-efficient features. The Advisories are part of a joint project with the United States Department of Energy (DOE) to develop guidance and educational materials for appraisers on green valuation. 
 
“The Valuation Advisory adopted on June 2 is an important first step in providing real property appraisers with the knowledge and tools they need to value both commercial and residential green buildings in a competent and ethical manner,” said Rick Baumgardner, Chair of the Appraisal Practices Board. “We’re very excited to adopt two additional Advisories in the coming months that will further provide appraisers with guidance on the recognized methods and techniques related to green valuation.”
 
These Advisories will offer guidance to appraisers so they will be able to provide appraisals in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP), the Congressionally-authorized standards for real property appraisers. Over the coming months, the APB will adopt Advisories focused on the valuation of green residential properties, as well as green commercial, multifamily and institutional properties. To view the Advisory, visit:  https://appraisalfoundation.sharefile.com/d-s5f8aa66a58a41f09

Tags

Related Stories

Seattle skyline
Codes and Standards | May 24, 2018

‘Amazon tax’ could slow Seattle’s construction boom

City imposes employer head count tax to fund affordable housing.

Codes and Standards | May 23, 2018

AAMA releases 2017/2018 fenestration market studies

Offers forecasts of industry trends.

Codes and Standards | May 22, 2018

Registration open for 2018 National Energy Codes Conference

U.S. Department of Energy event to be held July 15th-17th in Austin.

Codes and Standards | May 21, 2018

New standard tests quietness of floors

ASTM International method will help manufacturers test their flooring materials.

Codes and Standards | May 17, 2018

California will require solar panels on most new homes

Projected to add $10,000 to cost of new homes.

Codes and Standards | May 16, 2018

New resources offer tips on off-site construction

NIBS documents address using pre-cast concrete, and commercial and legal considerations of modular construction.

Codes and Standards | May 15, 2018

Blast testing of loaded mass timber structures yields positive results

Four tests covered a spectrum of blast loads.

Codes and Standards | May 14, 2018

Maryland makes general contractors liable for failure of subs to pay employees

GCs could have to pay for up to three times the wages owed.

Codes and Standards | May 10, 2018

Data collection, machine learning boost building efficiency

Sensors, software algorithms squeeze out waste.

Codes and Standards | May 9, 2018

OSHA and state safety agencies write more than 100 silica citations in 6 months

Actions tending to come with investigation of other site conditions.

boombox1
boombox2

Top Articles

native1

More In Category

Sustainability

Grimshaw launches free online tool to help accelerate decarbonization of buildings

Minoro, an online platform to help accelerate the decarbonization of buildings, was recently launched by architecture firm Grimshaw, in collaboration with more than 20 supporting organizations including World Business Council for Sustainable Development (WBCSD), RIBA, Architecture 2030, the World Green Building Council (WorldGBC) and several national Green Building Councils from across the globe.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021